INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATION

A sustainable innovation is more expensive than a regular one but it may lead to long termbenefits and durable competitive advantage, especially if many firms from the networkcollude or act within constrained environments such as business incubators. The opinionformation process, which leads to sust...

Full description

Bibliographic Details
Main Authors: Dan Deac, Klaus Bruno Schebesch
Format: Article
Language:English
Published: Sciendo 2011-01-01
Series:Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
Subjects:
Online Access:http://www.uvvg.ro/studiaeconomia/images/2001/v1/9.%20INNOVATION%20CLUSTERS%20%20SOCIAL%20LEARNING%20AND%20BUSINESS%20INCUBATION.pdf
_version_ 1811321084307308544
author Dan Deac
Klaus Bruno Schebesch
author_facet Dan Deac
Klaus Bruno Schebesch
author_sort Dan Deac
collection DOAJ
description A sustainable innovation is more expensive than a regular one but it may lead to long termbenefits and durable competitive advantage, especially if many firms from the networkcollude or act within constrained environments such as business incubators. The opinionformation process, which leads to sustainable innovation, may be viewed as a collectivecognitive process resembling that of branding and re-branding. Technological innovationscan be viewed as sequences of cost reduction events and, in a many-firm setting, sociallearning which leads to sustainability-oriented behaviour depends on (mutual) trustrelations. The experimental modelling part of the paper illustrates selected aspects of theconcept just outlined by developing a stylized dynamic model of the firm.
first_indexed 2024-04-13T13:11:48Z
format Article
id doaj.art-46416fd5fea34a80bf16d1525368ae9e
institution Directory Open Access Journal
issn 1584-2339
2285-3065
language English
last_indexed 2024-04-13T13:11:48Z
publishDate 2011-01-01
publisher Sciendo
record_format Article
series Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
spelling doaj.art-46416fd5fea34a80bf16d1525368ae9e2022-12-22T02:45:36ZengSciendoStudia Universitatis Vasile Goldis Arad, Seria Stiinte Economice1584-23392285-30652011-01-0117382INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATIONDan DeacKlaus Bruno SchebeschA sustainable innovation is more expensive than a regular one but it may lead to long termbenefits and durable competitive advantage, especially if many firms from the networkcollude or act within constrained environments such as business incubators. The opinionformation process, which leads to sustainable innovation, may be viewed as a collectivecognitive process resembling that of branding and re-branding. Technological innovationscan be viewed as sequences of cost reduction events and, in a many-firm setting, sociallearning which leads to sustainability-oriented behaviour depends on (mutual) trustrelations. The experimental modelling part of the paper illustrates selected aspects of theconcept just outlined by developing a stylized dynamic model of the firm.http://www.uvvg.ro/studiaeconomia/images/2001/v1/9.%20INNOVATION%20CLUSTERS%20%20SOCIAL%20LEARNING%20AND%20BUSINESS%20INCUBATION.pdfinnovationincubatorsnetworkssustainabilitylearning
spellingShingle Dan Deac
Klaus Bruno Schebesch
INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATION
Studia Universitatis Vasile Goldis Arad, Seria Stiinte Economice
innovation
incubators
networks
sustainability
learning
title INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATION
title_full INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATION
title_fullStr INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATION
title_full_unstemmed INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATION
title_short INNOVATION CLUSTERS: SOCIAL LEARNING AND BUSINESS INCUBATION
title_sort innovation clusters social learning and business incubation
topic innovation
incubators
networks
sustainability
learning
url http://www.uvvg.ro/studiaeconomia/images/2001/v1/9.%20INNOVATION%20CLUSTERS%20%20SOCIAL%20LEARNING%20AND%20BUSINESS%20INCUBATION.pdf
work_keys_str_mv AT dandeac innovationclusterssociallearningandbusinessincubation
AT klausbrunoschebesch innovationclusterssociallearningandbusinessincubation